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Singapore Inflation Data Due On Monday
(RTTNews) - Singapore will on Monday release November numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity. In October, overall inflation was down 0.3 percent on month and up 1.4 percent on year, while core CPI rose an annual 2.1 percent.
Taiwan will see November figures for industrial production and unemployment; in October, industrial output was up 8.85 percent on year, while the jobless rate came in at 3.38 percent.
Thailand is scheduled to provide November data for imports, exports and trade balance. In October, imports jumped 15.9 percent on year and exports climbed 14.6 percent for a trade deficit of $790 million.
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FTSE 100 Modestly Higher Ahead Of BoE Policy Announcement
U.K. stocks are modestly higher on Thursday as investors await the Bank of England's monetary policy announcement later in the day. Optimism about U.S. agreeing on a trade deal with a major country is also aiding sentiment.
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CAC 40 Up More Than 1%
After three successive days of losses, the French market is gaining some notable ground in positive territory on Thursday thanks to rising optimism about a trade deal.
Investors, digesting recent corporate earnings updates, and the Federal Reserve's policy announcement, are also awaiting the monetary policy announcements from the Bank of England.
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Sensex, Nifty Decline As Tensions Rise With Pakistan
Indian shares closed Thursday's session lower as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.
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DAX Rises Nearly 300 Points On Results, Trade Deal Hopes
German stocks are up sharply on Thursday thanks to some upbeat earnings announcements and easing concerns about tariff tensions. Investors are also looking ahead to the monetary policy announcements from the Federal Reserve and the Bank of England.
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Philippine Economy Expands Less Than Forecast
The Philippine economy logged a weaker-than-expected growth at the start of the year on lower net exports even ahead of the implementation of trade tariffs, official data showed on Thursday. Gross domestic product grew 5.4 percent year-on-year in the first quarter, which was slightly faster than the 5.3 percent rise in the preceding period, the Philippine Statistics Authority reported.
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U.S. Dollar Rises Amid U.S. Trade Deal Optimism
The U.S. dollar strengthened against other major currencies in the European session on Thursday, after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
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European Shares Climb Before BoE Rate Decision
European stocks were moving higher on Thursday after U.S. President Donald Trump signaled progress toward a first trade deal in his global tariff dispute, without providing further details.
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Asian Shares Rise Ahead Of US-China Trade Talks
Asian stocks rose broadly on Thursday despite U.S. stocks falling for a second straight session overnight.
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